Use credits and debits to make adjustments to existing invoices. Credits and debits alter the aged debtors analysis and client's statements.
Open this form from Client Operations:
The credit and debit form is as follows:
• The default type is credit. The credit/debit note must link to an existing invoice.
• Enter the date of the credit/debit. If using the Invoice accounting basis this date is used to work out when the credit/debit is included in the G.S.T imputation run.
• Enter the amount. It must include G.S.T. as it decreases the total value of the invoice.
• Enter a description. This can be used to identify the reason for the credit/debit.